Multigenerational Housing TrendsPosted 03/06/2018
Multigenerational living continues to trend upward. In fact, about 61 million Americans today are living in a multigenerational household. That’s up from 54 million in 2012 and more than double the number in 1980, according to the Pew Research Center.
And, it looks like that trend is going to continue, according to a recent survey of 20,000 home shoppers, conducted by John Burns Real Estate Consulting. The study found that 44 percent of respondents said they would like to accommodate their elderly parents in their next home, while 42 percent said they plan to accommodate their adult children.
Experts believe many factors can be associated with the increase in multigenerational living –from the recent recession and resulting unemployment among young workers, to the fact that Millennials are marrying later in life, which can result in them staying with their parents longer.
Likewise, Baby Boomers are beginning to downsize as they retire, with many choosing to live with their adult children. Others simply find it more convenient from a financial standpoint to stay at home and save.
Whatever the reason, homebuilders have no choice but to take notice. Maracay Homes has been offering multigenerational-friendly floorplans for years.
Here’s a closer look at a few trends to look out for in multigenerational living:
Homes with attached or detached multigenerational suites offer the perfect balance of privacy and inclusion to accommodate family without sacrificing comfort. Maracay’s thoughtfully designed multigenerational suites are complete with the amenities that any grandparent, adult child, brother or sister would need to live comfortably. Stackable washer and dryers, a kitchenette and a separate owner’s entry provide the feeling of home without the disconnect from the rest of the family that they might experience living alone.
Builders are realizing the benefits of offering homebuyers more choices, especially in today’s market where the needs of each family are so diverse. This includes providing flexible space that can be transformed to function for different purposes. With programs like Maracay’s Flex Design®, families can customize their home to fit their needs, all from the touch of button on their home computer. Perhaps a home needs a bigger kitchen? Another bedroom? Maybe some extra closet space would do the trick? Thanks to Maracay’s Flex Design® program, all of these options can be tailored to fit the needs of each buyer.
It can be difficult to please all members of the family, especially when there are several generations living under one roof. Enter Universal Design, which works with flexible spaces to create an environment that’s convenient for all members of the family. Design elements include single-story homes, split master bedrooms, wider hallways and doors, sitting showers, multi-level counters, raised ovens and dishwashers, and storage within reach. Look for some of these features in our homes at Victory at Verrado (where Maracay Homes was recognized as the top-selling builder in 2017).
To learn more about Maracay Homes’ multigenerational homes, please contact New Homes Specialists Pam Meyer and Shannon Balderas at NewHomes@MaracayHomes.com.
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